When I was a graduate student in the 1970's, “Banks & Textor” was the bible, and I could not have done my first graduate thesis on revolution without its inspiration. This reference taught me how to “operationalize” from a pre-condition of revolution (e.g. concentration of wealth) to specific measurable factors within a society (e.g. a mix of per capita income and spread).
As I just wrote in a commentary on the gap between rich and poor in the US,
In the 1970's an era when “whole systems” thinking tried to flourish only to be crushed by the emergent merger of the two-party tyranny and Wall Street, there was a vital comparative international studies reference, “Banks & Textor,” or more properly, Arthus S. Banks and Robert B. Textor, A Cross-Polity Survey (Cambridge, MA: MIT, 1963). We strongly suspect that today the USA would be qualified a failed state, certainly so if the 1% of the population hoarding the bulk of the wealth were isolated as an extraneous factor contributing little of value to the larger economy while siphoning off one fifth of the asset value through legalized financial crime. There is clearly a need for a return of the Banks & Textor model, but with the added sophistication of distinguishing between negative factors of domestic production (excessive concentration of wealth, legalized mortgage clearinghouse, Wall Street derivative, and Federal Reserve fraud, prison factories and prisons, hospitals, and marginalized enterprises among others).
I would love to see a great university somewhere take on the magnificent challenge of recreating this great work, but modernized to include the Internet factor, measures of openness across all fronts (see my Gnomedex ketone, “Open Everything”) and so on.
This book is still priceless, it was the gold standard in its time, we need it now more than ever, but completely redone and modernized.
Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.
Here, Yves Smith looks at how economists in key policy positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown. Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the last twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability.
In this book, “deregulation” is a four-letter word: a synonym for leaving the U.S. taxpayer, U.S. markets and the U.S. reputation wide open to greedy mindless homegrown plutocrats. In short, it is a synonym for leaving the nation vulnerable to conscienceless unpatriotic Wall Street thieves.
Here in easy to understand language, Robert Scheer has pealed back the layers that cover up the whole stinking mess that has become “stripped-down vulnerable deregulated America.” The method of robbery is basically a five-step political process: (1) “demagog” FDR and all existing regulations relentlessly as the enemy of free enterprise; (2) use paid lobbyist to help justify, tear-down and then rewrite new regulations; (3) use lobbyists' contributions to buy off the votes of key politicians in both parties to open up the laws for the impending thievery; (4) once legislation is passed, oversee the Wall Street financial casino with watchdogs that do not watch; and then (5) appoint members of the plutocracy who stand to gain the most, as facilitators and the palace guards of policy.
The present system of “high-level state sanctioned grand larceny” was designed and implemented, not by Ronald Reagan, or GW Bush, but by William Jefferson Clinton with the help of none other than the gang of four — Timothy Geitner, Robert Rubin, Alan Greenspan, and Lawrence Summers. However, the unsung hero of the grand heist, was Windy Lee Gramm, senator Phil Gramm's paramour and then wife, (who as a grad student was first his lover and then very quickly his wife). It was this “devious duo” that engineered the plans for the ultimate robbery of the American economic system.
This is an astonishingly well balanced book that while deeply critical of CIA and its senior management also credits its strengths and successes. The author, Melvin Goodman, spent some 34 years as an analyst within the Directorate of Intelligence (DI) of CIA. His principal criticism is that CIA directors in collusion with the executive branch have routinely politicized not merely intelligence products, but the very processes of research and analysis basic to intelligence production. He further argues that most intelligence `failures' can be traced to the practice of far too many at CIA to distort the intelligence process to support policy decisions and even to suppress sound, contrary intelligence. He also sees the growing `militarization' of the U.S. Intelligence System as further evidence that the Intelligence Community (IC) is moving from producing objective and accurate intelligence to producing intelligence that supports the ideologies and prejudices of its masters.
Goodman supports his argument with a remarkably detailed chronicle of CIA intelligence production over the last 35 years. This chronology emphasizes those instances where political pressure and the need to support a particular point of view took precedence over the need to produce accurate intelligence. Also, although he doesn't say so directly, he demonstrates the truth that intelligence is only as good as the system it serves. Unlike so many books on intelligence, this book actually identifies both the good guys and the bad .guys of CIA over the years. In particular he has a fascinating analysis of CIA Directors from Bill Casey (1980-1986) onward that is quite devastating. Although his principal target is the deleterious effect of the politicization and militarization of intelligence, he also effectively criticizes CIA's analytic and clandestine tradecraft.
This is an absolutely important critique of the course of CIA and by extension the entire U.S. Intelligence Community. However, given the controversial claims made by Goodman and the fact he actually names his heroes and villains, the reader might ask does he really know what he is talking about? In this reviewer's opinion, the answer is yes he does. Having been personally involved in a number of specific intelligence events that he chronicles, this reviewer would argue that Goodman has accurately described them. This is a book that ought to guide any effort to reform the U.S. Intelligence System.
Not for the General Reader, VERY Focused on Bureaucracy
December 1, 2010
The price is excellent. You cannot get a better deal than $20 for a book of this substance. HOWEVER, this is not a book for the general reader. It would be excellent as a paperback for a senior or graduate course, akin to The Army Gets an Air Force: Tactics of Insurgent Bureaucratic Politics, but as a negative case study.
Going through the book I recognized several issues that could be corrected or could be addressed by other readings. For what it sets out to do, document the agonizing inertia and general lack of savoir faire of the United Nations bureaucracy and its political protocols, it is as good as anything I have seen.
It desperately needs some charts, timelines, anything to spice up the dry text. Even photographs. I would have liked more comparative information, such as side by side depictions of where different elements came down or different countries came down, on specifics.
The author strives to provide some historical background but gets it wrong on more than one occasion, to be expected when someone is not steeped in history or reading very deeply across the literature. Below I list some books that have helped me appreciate the larger context of terrorism as a symptom, not a threat. Terrorism is directly correlated with US occupation of foreign lands and US support for dictators….this is straight forward and absolutely shut out by those who love war for its selfish power to enrich the few over the many.
There are many more. See my many books lists, most captured in the two top lists, one positive, one negative, visible at REVIEWS at Phi Beta Iota the Public Intelligence Blog.
This book is fairly priced, well put together, based on deep real experience, and if you want minutia about how screwed up the UN system is on this particular topic (and generally incoherent on all topics), this is the book.
6 Star and Beyond–the Essence of Fuller, the Future of Humanity
November 28, 2010
I did not truly begin to understand the breadth and depth of Buckminster Fuller's thinking until I read this book as it deserves to be read, with full attention and detailed notes. This is one of those books that merits–and received from me, a Work Table of core concepts, definitions, obstacles, and solutions, posted online at Work Table [link live at Phi Beta Iota the Public Intelligence Blog].
Although I heard Fuller speak personally at Muhlenberg College and distinctly remember him saying that a housing foundation could support the Queen Elizabeth ocean liner, it was not until this book that I understood in detail exactly what he meant: that we are wasting 90% of what we put into buildings. I have previously read and reviewed Critical Path as well as Operating Manual for Spaceship Earth, and it is my great privilege to know Medard Gabel, co-creator of the analog World Brain and sole creator of the new digital EarthGame (in concept pending funding).
CORE POINT: True wealth is cosmic energy and the creation of means to deliver to humanity unlimited free energy. Among many other things this creates the possibility of applying energy to create self-contained homes that are lightweight, fully self-contained in water and sewage, and totally green.
CORE CONCEPT: Capitalism and democracy have been perverted by money–those who manage money manage those who manage politics, and they both concentrate on optimizing the false God of money, an abstract concept hardly worth its paper representation, while ignoring–even subverting–the possibility of achieving infinite cosmic wealth on behalf of all of humanity.
CORE CONCEPT: Predatory capitalism on the one hand, and controlled socialism on the other, are both extremes and both fail to meet the needs as well as the possibilities of humanity. Fullerism is at root a non-zero equation.
PERSONAL POINT: This book answers the question I could not answer when a senior executive asked me “what do you do?” Now I know. I am a Comprehensive Global Architect whose objective is Prime Design: From Waste to Wealth (the title of my next book, inspired by this core reading from Buckminster Fuller). All my prior works, including my most recent, INTELLIGENCE for EARTH: Clarity, Diversity, Integrity, & Sustainaabilty, have been a preamble to what I now recognize is my life's work…I will try to earn another 25 years (I am 58, 58 + 25 is 83 — my family history suggests I will make it.). I am still looking for a country or global organization that wants to profit from doing this.
A few definitions up front:
QUOTE (142): WEALTH [is] the measurable degree of forwardly organized environmental control, in terms of quickly convertible energy, capacities and performance ratioed system capabilities, per capita, per diem.
Advertising destroyed public trust by pre-empting “industrial design” as code for airbrushing superficial changes to move products to market, rather than seeking integral improvements that could be shared with the consumer.
Design-improved livingry increases wealth.
Synergy is the delta between the sum of the parts and their anticipatable outcomes, and the actual outcome not anticipated.
CORE CONCEPTS
Architects deal with the externalities of man.
“At rest” science and understanding (Newton's paradigm) have been replaced by “constant change” (Einstein's paradigm).
Bad housing breeds bad humanity and bad science–the time/energy costs and the materials costs are too high, housing is the socio-economic “runt” of all the professions.
Challenge is IRREDUCIBLE.
Design is innovative re-assembly that adds value.
Design-preventable includes illumination and prevention of corrupt exploitation of materials for inefficient or unjustifiable applications.
Energy mass, energy radiation, energy gravitation (E3) times Intellect (E3I)
Good design would reduce the per capita consumption of building materials from nine tons per person to one ton per person [this is in the developed world–these reductions would allow the extension of the lower tonnage home designs to nine times more people and more–with mass consumption come mass efficiencies.]
Industry is *supposed to be* the organization and application of collective knowledge and action that produces synergy (added value) over the sum of the parts in isolation.
Individual freedom is ESSENTIAL to the expansion of diversity needed to enable collectives to see the whole.
Total Thinking is the intelligent acquisition, ingestion, processing, and exploitation of all relevant information in order to produce efficiencies and effects beneficial to the mission objective.
Wealth is intellect plus energy combined to create capacity [with more free energy making more refined capacity possible].
Worldwide commonwealth credit is both needed and achievable to provide mass-produced sustainable housing for all. That in turn frees up the five billion poor to create “infinite wealth” by combining their intellect with infinite free energy to advance civilization.
OBSTACLES to advancing humanity include:
Advertising in place of genuine progress [should not be a tax-deductible expense in my own view]
“Credit” fueled the perpetuation and expansion of rotten housing at great cost.
Housing is the works of design, the worst of materials, and the worst of applied engineering
Housing as the sucking chest wound in economics [mortgages should not be tax-deductible, this both encourages waste of materials on housing, but also enables the growth of financial fraud]
Managers lack the over-all philosophical discernment to be effective at seeing the whole and building to the whole.
Politics is VERY wasteful, perpetuating inefficient industries.
Specializations are attracting the most gifted, and this leaves the less gifted dealing with integration if they think about it at all. [I always thought this was what business and public administration programs were supposed to do, but having graduated from such a program realize they do not.]
A HANDFUL OF QUOTES
p. 25 “My envisioned transcendental world design plan would be inherently nonpolitical, because it would be utterly independent of any need for authority beyond that to-self-by-self for initiation of its study and development.”
p. 95 In relation to the waste of heavy materials in housing, “…that in this war crisis it is technically treason to allow ourselves to be short sixty-five thousand freight cars weighing fifty tons of steel each, which shortage is equivalent to the number of cars required exclusively to transport the solid foundation and flooring materials unscientifically employed as frozen compression elements to structurally support the tiny weights of one-tenth-of-a-ton load of men who comprise the negligible working loads of housing, or to support machinery from below that could better be suspended, etc.”
p. 246 “The efficiency of the industrial equation is directly proportional to the numbers consuming.” [In other words, capitalism focused on the needs of the one billion rich is long overdue for a redirection of focus to the needs of the five billion poor.]
p.247 “Serve one hundred per cent will involve a world design revolution, not just design of end-products, but of the comprehensive industrial network equations including world-around-livingry-service systems, at regenerative occupancy rentals, mutually installed in anticipatory facilitation of total world enjoyment of individually respected total man.”
p. 249 “Only the free-wheeling artist-explorer, non-academic, scientist-philosopher, mechanic, economist-poet, who has never waited for patron-starting and accrediting of his coordinate capabilities holds the prime initiative today.”
SOLUTIONS
Energy investments will define the future.
Need a world housing industry. We do NOT need water, sewer, and electrical infrastructure. Distributed housing and small cities connected by high-speed rail should be the norm.
Harvesting of scrap is the next needed Manhattan Project/Marshall Plan.
I almost did not buy this book because I know all this stuff already, but out of respect for the author, who is one of a number of individuals including Jim Fallows, William Greider, Matt Miller, Margaret Wheatley, and Tom Atlee that I consider deeply ethical and inspired, I went ahead and bought it.
As expected, the book is a straight-forward, easy-to-understand “checklist” of eleven things in eleven short chapters, that will “save America.” This is where the book almost lost a star, because as good as the list is, it lacks both context and detail–there is nothing wrong with America that cannot be fixed by restoring the Constitution and demanding Electoral Reform legislation by 4 July 2011–and Thom, brilliant as he is, has not connected to the idea of Collective Intelligence and the urgency of harnessing the distributed intelligence of our Commonwealth.
Here is the “checklist” with very short critical comments.
Not for the General Reader, VERY Focused on Bureaucracy
